Silver prices crashed 31% Friday, their second worst day on record. February silver futures, which ended Thursday at more than $114 a troy ounce, settled Friday at $78.29. Friday's $35.747-an-ounce drop was about the price of an ounce as recently as June.

Silver prices are hitting new all-time highs, with the precious metal extending last year's landmark advance into 2026. U.S. spot silver gained 5.9% on Monday, pushing the price to $109.1. U.S. silver futures ,

Tokenized silver futures recorded the largest liquidations across crypto markets over the past 24 hours, overtaking bitcoin and ether as a sharp pullback in metals collided with leverage-heavy trading on crypto venues.

Silver prices sank below $100 a troy ounce, just a week after they hit that milestone for the first time. Most actively traded silver futures recently stood about 21% lower, at $90.88. Gold and copper futures dropped more than 7% and nearly 5%,

After an exhilarating rally in the recent sessions, gold and silver futures took a nosedive on Friday as traders took the opportunity to cash in on their gains. The drop, spurred by a robust US dollar and shifting global market sentiments,

MCX gold February futures dipped 9 per cent while MCX silver March futures slid down 25 per cent on Friday. Currently gold futures stand at Rs 1,49,075, while silver futures at Rs 2,91,922 per kg.

The silver futures price declined nearly 15 percent on MCX at Rs 3,42,390 per 1 kilogram as of 3:37 pm IST on January 30, from its previous close at Rs 3,99,893. The metal opened the session at Rs 3,83,646 per kg and continued its downward trend amid high volatility. The silver's March futures price hit a record Rs 4,20,048 on January 29.

Gold and silver prices plunged this week as MCX gold fell 9% and silver dropped 25% amid profit booking, dollar strength and rising yields.

CME Group has raised margin requirements for gold and silver futures after historic price crashes triggered extreme volatility. The hikes, effective Monday, aim to stabilise markets as collateral demands rise across precious metals.

Gold and silver prices in India on January 31, 2026, with city-wise rates for Delhi, Mumbai, Kolkata and other major cities, along with the latest MCX gold and silver prices across India.

Gold suffered its biggest slide in four decades and silver posted a record intraday decline in a stark reversal of the rally that lifted prices to all-time highs.Gold fell more than 12% to slump below $5,